This property looks like a bad Long-Term investment with a projected -13.84% first-year return on $47,250 initial cash invested.
-13.84%
Cash On Cash
4.2%
Cap Rate
0.62
DSCR
$1,189
Rent
-$545
Cashflow
Cash Flow
$1,189 income − $1,734 expenses = $545 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,189
Total Expenses
$1,734
Mortgage P&I
107%
$1,274
Property Taxes
6%
$73
Home Insurance
7%
$79
HOA
0%
$0
Property Management
10%
$119
CapEx
5%
$59
Vacancy
6%
$71
Maintenance
5%
$59
Other
0%
$0